More than $580,000,000,000! 
That's Fingleton's latest forecast for America's total trade deficit in 2004. Click here to see how huge that number really is.

 
Home

Search

About Eamonn Fingleton
Author of Unsustainable, In Praise of Hard Industries and Blindside
 
About Unsustainable.org

Fingleton's Books
Click on a Book Cover to Find Out More
One of the Ten Best Business Books
What Business Week said about Blindside
 
Get these books at Amazon.com
• Unsustainable • In Praise of Hard Industries • Blindside

 
 


Links of Interest
 
How big is $580,000,000,000?
Wednesday, May 12th, 2004

$$$ It works out to about $1,780 for every man, woman, and child in the United States.

$$$ It is 2.7 times the total GDP of Saudi Arabia, the world's biggest oil exporting nation.

$$$ It is equal to the estimated entire manufacturing output of China, the world�s most populous nation.

$$$ It is nearly 60 times America�s entire overseas development aid budget.

$$$ It is more than 2,300 times the cost of all vaccines used annually in the Third World.

$$$ If delivered in dollar bills, it would weigh 520,000 tons - or about eleven times the weight of the Titanic. The money would require a fleet of 4,600 Boeing 747 freighters to transport.

$$$ Placed end to end in dollar bills, it would stretch about 57 million miles - or more than half the way to the sun. If the dollar bills were stacked one on top of the other they would rise 40,000 miles into space.

STATISTICAL NOTE: The forecast is calculated on a "current account" basis - the most comprehensive and meaningful measure of trade and the one used by economists and other experts. This is distinct from the "goods-and-services" basis used by the U.S. government in announcing the widely reported monthly trade figures. Generally the current account basis produces figures significantly larger than the goods-and-services basis.




Contact Eamonn Fingleton
E-Mail this article to a friend
Printable version